Swiss-based ITS Water Group to invest €7m in a new plant in Štúrovo
Swiss-based ITS Water Group with Ukrainian capital, through its Slovak subsidiary Aqua Chemicals, plans to invest €7m in a plant producing substances for drinking and wastewater treatment in Štúrovo. It plans to create 50 jobs. The project expands similar production in Ukraine, where 100 people are employed. Other Ukrainian capital investments in Slovakia include a new confectionery plant in Žilina with 200 employees, planned by Ukrainian producer Lukas owned by the Lukacký
Large companies pay higher wages
Large companies pay higher wages ; the difference is €230 a month for office managers and €70 for marketing specialists, platy.sk data show. They also provide a broader range of benefits. A disadvantage can be greater anonymity or slower decision-making processes. Over the past year, 17% of people working in small firms changed employers, compared to only 9% in large ones. Interestingly, employees of large firms more frequently declare a willingness to leave for a better off
Slovakia saw 23 acquisitions worth €1bn in 2025
Twenty‑three corporate acquisitions took place in Slovakia in 2025, seven fewer than in 2024. Their total value surged 26% and topped €1bn, the highest level in recent years, a report by Forvis Mazars and Mergermarket showed. The largest deal was the acquisition of 365.bank by Belgium’s KBC group for €749m, with J&T as the seller. Other major deals included an investment in GymBeam and the takeover of Engie’s Slovak operations by France’s Veolia. Investor interest from Centr
Pavol Jakubec sold I.D.C. for €305m
Finhold (Pavol Jakubec) posted a net profit of €237m last year. This resulted from Jakubec selling sweets maker I.D.C. (brands like Horalka and Mila) to Ireland's Valeo. Jakubec took out a loan in 2021 to buy out his then-partner Štefan Kassay; they had owned the firm 50/50. The firm's results subsequently improved significantly. According to the financial statements, Finhold collected €305m for I.D.C., which had a book value of €77m. ( sme.sk )
State hospitals struggle with inefficiency
An audit of five state hospitals revealed they have too many doctors yet still pay them extensively for overtime. Their output is not increasing (the number of hospitalizations grew by 5% over five years), although their costs surged by 60%. Despite an adequate number of doctors, almost no surgeries are performed after 3 p.m., partly due to a shortage of nurses. Based on the audit, Minister Kamil Šaško drafted an action plan to streamline hospitals, which he intends to prese
Penta RE sold €55m apartments in Bratislava in 2025
Developer Penta RE sold 241 apartments in Slovakia last year, up 17% annually, while their value rose 30% to €55m. It plans to increase sales at a double-digit pace this year. It has 4,000 apartments in preparation across five Bratislava locations (Bory, Medze, Chalupkova, Southbank and Vajnorská). It also plans to launch a pilot cooperative housing project and rental housing for students. The Chalupkova Offices project is 50% pre-leased a year before opening. On the London
EU Poultry keeps expanding
Poultry processor EU Poultry (Dmytro Borodavka) increased its net profit 35% to €6.6m last year, while sales rose 24% to €184.9m. Processing poultry imported from Ukraine still accounts for a major share of revenue, but the company also began selling eggs and frozen fish last year. Sales of frozen and chilled meals rose from 890 to 2,104 tons. Exports accounted for 72% of revenue, and headcount increased by 50 to 311. The company plans to build a new €50m plant in Bošany, i
Slovnaft is making money on Iran war
The refining margin of Hungary's MOL , the owner of Slovnaft, stood at $30 per barrel at the end of March, compared to $20 in the past, data from Swiss bank UBS show. Following the outbreak of the war in the Middle East, Poland's Orlen, which also owns refineries in Czechia, increased its refining margin (the difference between the price of crude oil and the price of refined products) by 25% to $25. MOL and Orlen are the largest gas station operators in Slovakia (along with O
Tempra, Doprastav, and Váhostav won €467m contract
A consortium of Tempra, Doprastav, and Váhostav won the state-owned Železnice SR tender to modernize a 20 km section of the Vydrník-Markušovce railway track with a bid of €467m. The state-owned firm had estimated the cost at €632m, and the other two bids in the tender were also well below this estimate. This is one of three sections in the Spiš region with a total length of 50 km, the reconstruction of which is scheduled for completion in 2031. ( sme.sk )
Gotion will not build battery plant in Šurany, says Environment Minister Tomáš Taraba
In my opinion, China's Gotion will not build the battery plant in Šurany , Environment Minister Tomáš Taraba said. He explains Gotion is already 13 months behind schedule, lacks a project design, and has not submitted all the documents required for an Environmental Impact Assessment. The government approved a €214m investment stimulus for the €1.2bn investment last year. Gotion declined to comment on the minister's remarks, stating only that it continues constructing a pilot
